£153,557
This estimated value is based upon the latest sale price for the house of £90,000 on 27 Apr 2012. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £90,000 | 27 Apr 2012 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 885 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in April 2012 the House Price Index for WEST MIDLANDS was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £90,000 results in an estimated price of approximately £153,557.
| 27 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £90,000 | £63,557 | £153,557 |
The Postcode Pricing Model uses changes in average sales price within the DY4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 24.145 % | £21,730 | £111,730 |
| 3 Month Average | 11.521 % | £10,369 | £100,369 |
| 6 Month Average | 34.774 % | £31,296 | £121,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £197,930 | £195,000 | 29 ROBERT ROAD |
| 25 Aug 2023 | £208,827 | £207,000 | 54 ROBERT ROAD |
| 31 May 2022 | £132,497 | £130,000 | 72 ALEXANDRA ROAD |
| 23 May 2022 | £186,514 | £183,000 | 86 ALEXANDRA ROAD |
| 15 Oct 2021 | £226,828 | £205,000 | 22 ROBERT ROAD |
This house has a floor area of 82 sq meters or 885 sq feet when measured on 2 Feb 2012. Using an estimated price of £153,558 means this house is valued at £1,866 per sq meter (£173 per sq foot).
The average size of a house on LOCARNO ROAD is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Robert Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Robert Road |
| Dec 2023 | Anti-social behaviour | On or near Robert Road | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Robert Road |
| Dec 2023 | Anti-social behaviour | On or near Robert Road |